A University Dean Is Interested in Determining the Proportion of Students

question 48

Multiple Choice

A university dean is interested in determining the proportion of students who receive some sort of financialaid. Rather than examine the records for all students, the dean randomly selects 200 students and finds that 118of them are receiving financial aid. If the dean wanted to estimate the proportion of all students receivingfinancial aid to within 1% with 90% reliability, how many students would need to be sampled?

• A) 6546
• B) 1584
• C) 3980
• D) 66

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Definitions:

Unethical Management

Practices by leadership that violate moral principles or values, often compromising the well-being of employees, customers, or the environment.

Issue Life Cycle

The progression of an issue through stages, from emergence to resolution, relevant in crisis management and public relations planning.

Company's Reputation

reflects the public perception and esteem held for a company, influenced by its actions, quality of goods or services, and engagement with stakeholders.

Dormant Stage

A period of inactivity or low growth, often referring to businesses, volcanoes, or biological life cycles.